login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

What are the ‘rate of interest’ options for home loans?

mahindra-finance-author

by Mahindra Finance

|

June 22, 2023

|

1 mins read

Fixed for all customers other than salaried semi-urban class customers: The rates will be fixed during the tenure of the loan and applicable as prevalent on the date of 1st disbursement, subject to revision every 3 years depending on the money market conditions.

Variable for salaried semi-urban and urban class customers: The rates will fluctuate as per the money market conditions and will be notified from time to time.

Related articles

What are hybrid funds?

What are mutual funds? Mutual funds are professionally managed funds that invest into multiple assets financial instruments such as stocks and bonds. Mutual funds usually charge a fee for holding...

KNOW MORE

June 30, 2023

Why Is An NBFC Personal Loan Better Than Bank Loan

In today’s fast-paced world, financial needs can arise at any moment. Whether it’s for a medical emergency, home renovation, or a dream vacation, personal loans have become a popular choic...

KNOW MORE

February 5, 2024

Difference Between Cumulative and Non-Cumulative FD Interest

One of safest and most sought-after investment instruments in the market today, Fixed Deposits (FDs) offer guaranteed returns, while also helping you meet your financial goals. FDs can be categorised ...

KNOW MORE

June 29, 2023